Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Barrett Business Services
BBSI
$825M
| $3.15M | ﹤0.01% |
222,572
+180,952
| +435% | +$2.45M |
|
|
ORIT
1927
DELISTED
Oritani Financial Corp. New
ORIT
| $3.14M | ﹤0.01% |
186,892
+40,077
| +27% | +$659K |
|
1928
Evercore
EVR
$11.2B
| $3.14M | ﹤0.01% |
39,111
+4,187
| +12% | +$315K |
|
1929
AT&T
T
$175B
| $3.14M | ﹤0.01% |
106,070
-113,286
| -52% | -$3.22M |
|
1930
PUT
Viatris
VTRS
$19.5B
| $3.14M | ﹤0.01% |
100,000
-50,000
| -33% | -$1.7M |
|
1931
Acco Brands
ACCO
$392M
| $3.13M | ﹤0.01% |
263,260
-235,219
| -47% | -$2.68M |
|
|
SPPI
1932
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $3.13M | ﹤0.01% |
222,359
+140,309
| +171% | +$1.27M |
|
1933
PUT
Bath & Body Works
BBWI
$3.79B
| $3.12M | ﹤0.01% |
+92,775
| New | +$3.11M |
|
|
K
1934
CALL
DELISTED
Kellanova
K
| $3.12M | ﹤0.01% |
+53,250
| New | +$3.36M |
|
|
XENT
1935
CALL
DELISTED
Intersect ENT, Inc
XENT
| $3.12M | ﹤0.01% |
100,000
+50,000
| +100% | +$1.48M |
|
1936
iShares MSCI Germany ETF
EWG
$1.74B
| $3.11M | ﹤0.01% |
+95,792
| New | +$2.98M |
|
|
CUDA
1937
DELISTED
Barracuda Networks, Inc.
CUDA
| $3.09M | ﹤0.01% |
127,344
-90,059
| -41% | -$2.12M |
|
1938
CALL
T-Mobile US
TMUS
$191B
| $3.08M | ﹤0.01% |
50,000
| – | – |
|
1939
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $3.08M | ﹤0.01% |
58,496
+18,166
| +45% | +$957K |
|
1940
NVR
NVR
$17B
| $3.08M | ﹤0.01% |
+1,079
| New | +$2.89M |
|
1941
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.5B
| $3.08M | ﹤0.01% |
63,303
+1,803
| +3% | +$87.9K |
|
1942
UNIFI
UFI
$139M
| $3.07M | ﹤0.01% |
86,246
+70,397
| +444% | +$2.22M |
|
|
RXDX
1943
DELISTED
Ignyta, Inc.
RXDX
| $3.07M | ﹤0.01% |
248,770
+26,624
| +12% | +$274K |
|
|
CHU
1944
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $3.07M | ﹤0.01% |
218,575
+159,831
| +272% | +$2.33M |
|
1945
PC Connection
CNXN
$2.03B
| $3.07M | ﹤0.01% |
108,754
+47,368
| +77% | +$1.23M |
|
|
KDNY
1946
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $3.06M | ﹤0.01% |
57,490
+46,486
| +422% | +$2.76M |
|
|
SWN
1947
CALL
DELISTED
Southwestern Energy Company
SWN
| $3.06M | ﹤0.01% |
+500,000
| New | +$2.83M |
|
1948
State Street SPDR S&P Dividend ETF
SDY
$22B
| $3.05M | ﹤0.01% |
33,428
+11,340
| +51% | +$1.02M |
|
1949
Medpace
MEDP
$17.2B
| $3.05M | ﹤0.01% |
+95,626
| New | +$2.92M |
|
1950
Federal Realty Investment Trust
FRT
$10.2B
| $3.04M | ﹤0.01% |
24,463
-249,169
| -91% | -$32.1M |
|
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Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.36B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.